Social VC Investments

MFI Svasti raises $5-M from Impact Investment Exchange

MyBigPlunge  

Mumbai-based Svasti Microfinance Pvt Ltd has received USD 5 million through non-convertible debentures (NCDs) from Singapore-based Impact Investment Exchange (IIX). The proceeds of the 4-year NCDs will go toward empowering women through income-generating activities and promoting sustainable livelihoods.

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